pkcrafter:

I read a few days ago that a whole new buch of commodity ETFs were going to be launched. This is just bait for the performance chasers. And it's way too late for these types of funds now.

Agreed.

pkcrafter:

 

As for international, I advise some restraint. If the dollar ever starts to strenghen, most unhedged international funds will suffer. DODFX was supposted to hedge, but I don't know if they have actually done it yet.

Agreed.  Now is the time to get out of international and into selected US equities (e.g., those that don't depend on international growth).

pkcrafter:

Peter Lynch had it right: "Far more money has been lost by investors preparing for
corrections, or trying to anticipate corrections, than has been lost in corrections
themselves."

That hasn't been true for me, but if you aren't good at market timing, then you shouldn't do it.  Some of us have profited handsomely by doing it.